🎉Today is an exciting day for Axelera AI! We have announced the successful close of an oversubscribed $68 million Series B financing round - Europe's largest oversubscribed Series B funding round in the fabless semiconductor industry. 🚀 This tremendous milestone is a testament to the growth and success we’ve had as a company. In just three years, we have raised a total of $120 million and have built a world-class team of 180 employees (including 55 PhDs with more than 40,000 citations). We have also launched our Metis™ AI Platform, which achieves a 3-5x increase in efficiency and performance, and have visibility into a strong business pipeline exceeding $100 million. This success has attracted diverse global funding from venture capital, sovereign wealth, and pension funds. We would like to thank the major institutional investors involved in this round, including Invest-NL Deep Tech Fund, the European Innovation Council and SMEs Executive Agency (EISMEA) Fund, Innovation Industries Strategic Partners Fund (backed by Dutch Pension Funds PMT and PME, administered by MN), and Samsung Catalyst Fund, along with existing investors Verve Ventures, Innovation Industries, Fractionelera, and the Italian sovereign fund CDP Venture Capital SGR. We would also like to thank those who contributed to previously raised funds, including the innovation credit from RVO - Netherlands Enterprise Agency , and equity investment from Bitfury, CDP Venture Capital, Federal Holding and Investment Company of Belgium (SFPIM),imec, imec.xpand, and Innovation Industries. We would also like to thank the entire Axelera AI team. This achievement would not have been possible without our incredible executives, board of directors and employees. We are tremendously excited for what’s ahead as we continue our global growth, expand into new markets, accelerate product development and emphasize Axelera AI’s position as the AI industry’s partner of choice to unlock innovation. Learn more about this exciting milestone in this press release → https://lnkd.in/dhdgFMbC Fabrizio Del Maffeo, Charles Mander, Evangelos Eleftheriou, Flavio Devide', Olivia Hughes, Jonathan Ferguson, Marco Barbato, Ioannis Koltsidas, Meghna Singh, Hugh Brown, Inder M. Singh Jonathan Ballon, Sander Verbrugge, Cyril Vančura, Massimo Vanzi, Valery Vavilov #GenerativeAI #ArtificialIntelligence #AI #MachineLearning #Funding #StartupFunding #ComputerVision #VisualAI #VentureCapital #VC
Axelera AI
Productie halfgeleiders
Creating a powerful, efficient and competitive AI-native hardware & software platform for edge computing
Over ons
Axelera AI delivers an AI-native game-changing hardware and software platform to accelerate artificial intelligence. Headquartered in the AI Innovation Center of the High Tech Campus in Eindhoven, Axelera AI has R&D offices in Belgium, Switzerland, UK and Italy and operations in 15 European countries . Its team of experts in AI software and hardware hail from top AI firms and Fortune 500 companies.
- Website
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https://axelera.ai/
Externe link voor Axelera AI
- Branche
- Productie halfgeleiders
- Bedrijfsgrootte
- 51 - 200 medewerkers
- Hoofdkantoor
- Eindhoven
- Type
- Particuliere onderneming
- Opgericht
- 2021
- Specialismen
- Artificial Intelligence, Edge Computing, Computer Vision en Machine Learning
Locaties
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Primair
HTC5, High Tech Campus
Eindhoven, 5656 AE , NL
Medewerkers van Axelera AI
Updates
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🚀 Our CEO, Fabrizio Del Maffeo, will be joining a panel discussion at Expand North Star by GITEX GLOBAL Largest Tech & Startup Show in the World on Tuesday, October 15th. The panel, titled "AI Future Unicorns: Market Saturation, Competition, and Barriers to Entry – Monopoly Play and Dominance – Who Survives?", will explore what it takes to maintain a competitive edge in the rapidly evolving AI space. Fabrizio will be joined by leaders like Dr. Mark Sagar, Ex-Founder & Chief Scientific Officer at Soul Machines, and Denis Yarats, Co-Founder & CTO at Perplexity AI. 🗓 Date: Tuesday, October 15th 🕒Time: 13:40 (GMT 4) UAE 📍Location: Hall 1, GITEX Edition Stage, Dubai Harbour, UAE Expand North Star is the world’s largest startup and investor connector event, and a crucial hub for startups, investors, accelerators, and tech enthusiasts. Don’t miss this opportunity to explore the future of AI, secure investment opportunities, and network with industry key players! 👉 Meet us there! Our CEO, Fabrizio del Maffeo and our Chief of Staff, Hugh Brown, will be available to discuss our company, our AI solutions and the exciting future of the industry. For more details about the event, check out the link: https://lnkd.in/dWdddbDu #AI #ArtificialIntelligence #GITEXGlobal #ExpandNorthStar2024 #ExpandNorthStar #Startups #Innovation #TechTrends #Unicorns #Leadership #FutureTech #AIInnovation #DubaiEvents #Entrepreneurship #EUatGITEX2024 #EUeic
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🍾 Exciting News! Axelera AI has been recognized as the Startup Deal of the Year 2024, alongside Innovation Industries as Investor of the Year, by Vectrix in collaboration with the NextStage Foundation. 🏆 Every year, Vectrix and the NextStage Foundation organize the Startup Deal and Investor of the Year awards. This recognition is open to all startups based in the Netherlands that are less than five years old and have raised at least €200K in the past year. A huge thank you to Vectrix, the NextStage Foundation, and to all our incredible customers, partners, and investors, including Invest-NL Deep Tech Fund, the European Innovation Council and SMEs Executive Agency (EISMEA), Innovation Industries Strategic Partners Fund (backed by Dutch pension funds PMT and PME, administered by MN), Samsung Catalyst Fund, Verve Ventures, Fractionelera, CDP Venture Capital SGR, Netherlands Enterprise Agency , Bitfury, Federal Holding and Investment Company of Belgium (SFPIM), imec, imec.xpand, and, of course, our outstanding Axelera AI team for their hard work and ongoing support! The best is yet to come! 🥂 Read more about the jury’s insights and the full report here 👉 https://lnkd.in/eKJnmZUE #AI #Innovation #StartupSuccess #Tech #AxeleraAI
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🚀 Countdown! Only 5 days left until embedded world Exhibition&Conference North America 2024 in Austin, Texas, USA, and we couldn’t be more excited! 🚀 We invite you to stop by the SECO booth (#2315) where we’ll showcase our AI technology in a live demo showing real-time AI-driven people detection and object recognition powered by the Yolov5s AI model running on our Axelera Metis AIPU. Watch the teaser 👇 https://lnkd.in/eqq-bJQy We’ll also be at the SGET e.V. booth (#2023), where you can see our 16 streams demo in action, including 2 live and 14 pre-recorded demos utilizing YOLOv5s detection and multi-object tracking on a single Axelera AI accelerator. Our colleagues, Erik Widjaja and David Marks, will be on hand to discuss our AI solutions and answer your questions. 🗓️ Event Date: October 8-10, 2024 📍 Location: Austin Convention Center, Austin, TX For more information about the event: https://lnkd.in/gn9DrC5S #EmbeddedSystems #AI #IoT #EdgeComputing #ComputerVision #TechInnovation #ewNA #ewNA24 #embeddedworldnorthamerica
AI People Detection and Object Recognition - Embedded World 2024
https://www.youtube.com/
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🎉 We are thrilled to introduce the newest members of our team. Let's give a warm welcome to: 👋 Kevin Luciani - Engineer 2 - Silicon Logical Design 👋 Jean Vieville - Director - Business Development 👋 Nezar Lheimeur - Senior Engineer - Machine Learning 👋 Karthikeyan Devaraj - Engineer 2 - Silicon Validation 👋 Emre Kırkaya - Senior Engineer - Silicon Logical Design 👋 Luca Gerli - Staff Engineer - Silicon Physical Design 👋 Michael Knoops - Engineer 2 - AI Lab Solutions 👋 Grace Grigoriou-Vos - Lead - Office & Community We're excited to have you all on board. Together, let's make the impossible possible!🚀 #newhire #lifeatAxeleraAI #artificialintelligence
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Our Director of Silicon, Giuseppe Garcea, will speak at the BRAINS Day meeting hosted by the MESA Institute at the University of Twente on October 7, 2024. 🎤 He will share insights on Simplifying and Accelerating AI at the Edge 🌐—discussing how Axelera AI is leading the way by developing and delivering powerful, efficient, cost-effective hardware and software platforms for accelerating artificial intelligence for edge devices. 🚀💡 BRAINS is an interdisciplinary center with over 10 principal investigators from various institutes like MESA (Nanotechnology), the Digital Society Institute, and the Faculty of Behavioural, Management and Social Sciences. 🧠🔬 📅 Date: October 7, 2024 🕔Time: 16:15 - 16:45 📍Location: U Parkhotel, University of Twente | 8 De Veldmaat, 7522 NM Enschede, Netherlands If you'd like to join us at this event, check out the details here 👉 https://lnkd.in/d4DBuDZw #AI #EdgeAI #ArtificialIntelligence #SiliconEngineering #AxeleraAI #Innovation #Nanotechnology #AIAtTheEdge #TechLeadership
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🚀 Our Metis PCIe Card, powered by Metis AIPU, offers high-performance inference acceleration focusing on ease of use, power efficiency, and scalability. Metis provides best-in-class AI acceleration while maintaining excellent power efficiency. ⚡🔋 Companies are using Metis PCIe-based AI acceleration for a range of applications: enhancing security incident detection 🔐, improving defect detection and worker safety in Industry 4.0 🏭, optimizing operations in retail 🛒, enabling real-time vehicle tracking in mobility 🚗, and increasing efficiency and safety in logistics 📦. A single board can run inference on multiple cameras and support parallel neural networks. Metis also comes with pre-configured AI pipelines and models, making evaluation and development hassle-free with the Voyager SDK. 🛠️ 📄 Learn more in the detailed PDF below 👇: https://lnkd.in/dxAPDDim 👉 Ready to get started? Order your Metis AI Evaluation Kit today: https://lnkd.in/dGshjU5c #AI #EdgeAI #AxeleraAI #ComputerVision #AIAccelerator #MachineLearning #Innovation #Surveillance #retail #industry40
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Our CEO, Fabrizio Del Maffeo, will be speaking next week at LEVEL UP 2024 - the event that accelerates startups! Join him as he presents "Challenges in Scaling AI from Startup to Scaleup"," focusing on the difficulties of raising larger AI funding tickets within the Netherlands' ecosystem. He’ll also offer practical do’s and don’ts for growing and funding an AI company, aimed at supporting early-stage startups. 🗓 Date: Monday, September 30th, 2024 🕒 Time: 11:45 am CET 📍 Location: Evoluon, Eindhoven, Netherlands Don’t miss this opportunity to learn and network at the leading event for startups, founders, entrepreneurs, and investors! 🔗 More info here: https://lnkd.in/escChNH3 #deeptech #levelup2024 #innovation #Eindhoven #Netherlands #technology #leadership #AI #artificialintelligence
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Next week, our Co-Founder & Director of Customer Engineering & Success, Bram-Ernst Verhoef, will speak at the ABISS Summit by INDUSTRIALFAIRS on AI with an Edge. Artificial Intelligence (AI) is becoming more integrated into industries and everyday life. However, deploying AI systems presents challenges such as costs, data privacy concerns, and energy consumption. Edge AI offers a potential solution to these issues. 📅 Date: Thursday, October 3, 2024 ⏰Time: 10:00 - 10:30 📍Location: Learn Hub 1 – Industry of Things, Kortrijk Xpo, Belgium The presentation will cover: 🔍 What Edge AI is ⚙️ Challenges in AI deployment 💡 Approaches to addressing these challenges for a more energy-efficient and sustainable future. If you’re attending ABISS, Don’t miss out on Bram’s session to learn more about these developments. More info https://lnkd.in/dkSZCpih #abissummit #industrialfairs #digitalisering #industry40 #cybersecurity #intelligenceofthings #industryofthings #industries #AI #ArtificialIntelligence #EdgeAI
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Our Next Stop: Embedded World North America 2024, Austin, TX, USA! 🇺🇸🤠 Join us at embedded world Exhibition&Conference North America, the premier global platform and industry meeting point for experts, key players, and associations in the embedded systems community. This event marks its debut in Austin, Texas, a central hub of the U.S. computer and software industry. We’re excited to be part of the SGET e.V. booth, where we’ll be engaging with attendees and showcasing our cutting-edge AI solutions. 🚀 Don’t miss out! The event runs from October 8-10, 2024, at Austin Convention Center, so visit us to experience our innovative solutions firsthand. 📍 SGET Booth No. 2023 For more information: https://lnkd.in/gn9DrC5S #EmbeddedSystems #AI #IoT #EdgeComputing #ComputerVision #TechInnovation #ewNA #ewNA24 #embeddedworldnorthamerica